#tax-policy-reform

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#loan-charge #disguised-remuneration #independent-review #capital-gains-tax #housing-market #downsizing
fromComputerWeekly.com
1 day ago

UK government commits to Loan Charge settlement reforms in wake of independent review into policy | Computer Weekly

The UK government has committed to wiping thousands of pounds off the outstanding settlements of everyone who remains in scope of the Loan Charge, in response to the latest independent review into the controversial disguised remuneration policy. The retroactive tax policy has left thousands of IT contractors living under the shadow of life-changing tax bills since it came into force in April 2019, who previously participated in loan-based remuneration schemes between December 2010 and April 2019.
UK news
Real estate
fromFortune
2 months ago

Your boomer parents are probably living in a house too big for them. They're frozen in place because of taxes, top economists say | Fortune

Outdated, unindexed capital gains tax exclusions keep millions of homeowners, especially older empty-nesters, from downsizing and free housing supply.
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